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The CEO and the C-Suite can set reasonable limits on what can feel like collaboration gone wild. For most decisions, a form of RACI, decided up front, can help. The key is discipline to stick with it.
R - Recommend (Who, hopefully an individual, makes the recommendation)
A- Approve (Who, hopefully an individual, approves the decision)
C - Consult (Who needs to have input before the decision is made)
I - Inform (Who needs to be notified of the decision)
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